Friday 9 March 2007

L'Oréal





We welcome Mr. Damien HAAS, Business Manager


















About L'Oréal
At L'Oréal, the company has made cosmetics the focus of all our energy and know-how for nearly a century. They are fully committed to putting all their expertise and research resources to work for the well-being of men and women, in all their diversity, around the world. Also they have 19 global brands and 60851 employees worldwide. The company is a world wide leader in cosmetics.
They produce goods ditributed in 130 countries. And they have 5 key expertises:
hair care ,hair color ,skin care, make-up&fragrance.

History
In 1907, Eugène Schueller, a young French chemist, developed an innovative hair-color formula. He called his improved hair dye Auréole. With that, the history of L’Oréal began. Eugène Schueller formulated and manufactured his own products, which he then sold to Parisian hairdressers.
In 1909, Schueller registered his company, the Société Française de Teintures Inoffensives pour Cheveux ("Safe Hair Dye Company of France"), the future L’Oréal. The guiding principles of the company that would become L’Oréal were put into place from the start: research and innovation in the interest of beauty.
During the early twentieth century, Schueller provided financial support and held meetings for La Cagoule at L’Oréal headquarters. La Cagoule was a violent French fascist-leaning and anti-communist group. L'Oréal hired several members of the group as executives after World War II.
In 1920, the small company employed three chemists. By 1950, the research teams were 100 strong; that number reached 1,000 by 1984 and is nearly 2,000 today.
L’Oréal got its start in the hair-color business, but the company soon branched out into other cleansing and beauty products. L’Oréal now markets over 500 brands and many thousands of individual products in all sectors of the beauty business: hair color, permanents, styling aids, body and skin care, cleansers and fragrances. They are found in all distribution channels, from hair salons and perfumeries to hyper- and supermarkets, health/beauty outlets, pharmacies and direct mail.
L’Oréal has five worldwide research and development centers: two in France: Aulnay and Chevilly; one in the U.S.: Clark, New Jersey; one in Japan: Kawasaki, Kanagawa; and in 2005, one was established in China, Shanghai.
L’Oréal purchased Synthélabo in 1973 to pursue its ambitions in the pharmaceutical field. Synthélabo merged with Sanofi in 1999 to become Sanofi-Synthélabo. Sanofi-Synthélabo merged with Aventis in 2004 to become Sanofi-Aventis.
On 17 March 2006 L'Oréal made a £652 million agreed takeover of ethical cosmetics company The Body Shop.

Earnings
In 2003, L’Oréal announced its 19th consecutive year of double-digit growth. Its consolidated sales was €14.029 bn and net profit was €1.653 bn. 96.7% of sales derived from cosmetic activities and 2.5% from dermatologic activities. L’Oréal has operations in over 130 countries, employing 50,500 people, 24% of which work in France. 3.3% of cosolidated sales is invested in research and development, which accounts for 2,900 of its employees. In 2003 it applied for 515 patents. It operates 42 manufacturing plants throughout the world, which employ 14,000 people.
Cosmetics sales by division breakdown: 54.8% from consumer products at €7.506 bn, 25.1% from luxury products at €3.441 bn, 13.9% from professional products at €1.9 bn, and 5.5% from active cosmetics at €0.749 bn.
Cosmetic sales by geographic zone breakdown: 52.7% from Western Europe at €7.221 bn, 27.6% from North America at €3.784 bn, 19.7% from rest of the world at €2.699 bn.

Brands
Brands are categorized by their targeted markets, which are mass market, professional, luxury, and active.

Internship
At L'Oréal, personality counts. They are interested in meeting people from different places, with wide-ranging experiences. They don't hire simply on the strength of degrees or diplomas. They know that our success in a world of innovation will come from enthusiasm, ambition, and creativity – qualities that extend beyond the classroom. Their business benefits from the collective contribution of countless unique cultures. With projects as demanding, as ambitious, as constantly evolving, they need entrepreneurial energy that can translate passion, imagination and creativity into success. our talent… to build Beauty.
Internships are offered year-round in almost every department, and last from 3 months to a year. we must be in our last or next-to-last year of studies to participate.
-Apply online !
Selection is based on our application, an interview and available opportunities matching our profile and ambitions.
-A Competitive Edge
Last year, 30% of their junior recruits (less than 25 y.o.) were hired following an internship with L’Oréal. Whether or not we seize the opportunity to join a team,
we'll have experienced their industry in action – and gained a head start on our career.

We had a very good time for preparing the L'Oréal's presentation.
we had many difficulties, because we could get many information!!
However, Mr. Damien HAAS, Business Manager, gave us many interesting information. He is very kind and intelligent. When we had dinner with Mr. Damien and the professors, he talked about business of L'oreal
And we were very happy to meet Mr. Damien ^^